Drilling a single hole to search for a mineral can cost from $7,000 to $33,000 and building a more accurate virtual picture could slash costs, Atomionics CEO says

Shippers opting to sail around Africa to avoid attacks by pro-Palestine Houthi militants in waters near Yemen and Suez Canal, despite formation of US-led 10-nation naval force

The Meng Xiang's activities in the South China Sea and other areas will be closely followed, because of grave concerns about the environmental impacts of deepsea mining and what resource the vessel will target

The deal, expected late this month, will take CYVN's shareholding to 20.1% of Nio's total shares, the carmaker said in a statement

Panel production costs in the world's largest producer of solar energy have declined a whopping 42% from year ago, dropping as low as 15 cents per watt

The deal – hailed as "historic" by some, and slammed as "soft" by island nations – is the first global agreement that promises an eventual end to the use of oil and coal

Oil producing nations were accused of blocking a deal at the climate summit on Tuesday; many countries sought a new draft as the original failed to endorse a 'phase-out' of fossil fuels

Industry ministry said on Monday EVs should have a driving range of at least 200 kilometres per charge to be eligible for purchase tax exemption from 2024

The manufacturing hub by the South China Sea is increasingly a key assembling link in supply chains that rely on Chinese parts and US consumers

Every facet of electric vehicles and EV batteries is being assessed by carmakers around the world keen to produce EVs that can compete with China's cheap EV models

The International Energy Agency expects world oil consumption to hit its peak in 2030 at 103 million barrels per day – a decade faster than initially predicted

COP28 president Sultan Al Jaber also seen opposing the UN chief's call for a halt in the use of fossil fuels